A man named James Conder undertook the somewhat daunting task of identifying, organizing, and cataloging a large set of privately issued tokens used in Great Britain during the late 1700s and early 1800s. There were not enough regular government-issued coins to support commerce in sparsely populated regions, so various individuals took it upon themselves to produce tokens.

Bailey's token from Stafford is one of the more valuable Conder tokens. Catalog values run something like this:

Hello. In connection to the GB Conder Stafford Token. the dates shown imply their circulation ran from 1801- 1803. However I have 1 one these Tokens,and it is dated 1798.
- RL

You are right. They go back as far as 1797. The date does not affect value as much as the overall condition and eye appeal of the piece. 1798 is a better date, but, again, condition and appeal are more important to the overall value of the piece.
- CoinQuest (Paul)